6 YEAR BREAKOUT IN ASHOK LEYLANDashok leyland has given a 6 year breakout after long consolidation. go long with sl 148 for fibonacci targets 254 and 400 duration will be 1 to 2 years.
ASHOKLEYN2024 trade ideas
ASHOK LEYLAND LONG POSTIONALAs we can see the trend line breakout with higher volume we can go with long
Ashok leyland 177 Entry
SL 170
Target 178/181/187/197+++
Disclaimer: only for educational purpose, not an advice
#ASHOKLEY POSSIBLE TO SELL#ASHOKLEY trading 149.9 formed bearish pattern,
Today trading our retracement level,
we can sell below 146 and tgt 140
SL: LIVE
bulishimpresive charts,stop loss is far away but charts is very strong till 128 levelsbuy on dips target 170/80 stoploss 128 as per charts i think next month definataly comes
ASHOKLEY is at best entry level after retracing from 129.65 ASHOKLEY is at best entry-level after retracing from 129.65 now it's ready to move till 140. ashokley
ashokley BUY ABOVE - 127 TARGET 129,131,134 SL 125
SELL BELOW - 124.50 TARGET 122,120,118 SL 126.50
ashokley levels trade and book profit once you are in
Ashok leyland Future Short buildupAshok Leyland Future is on the bearish horizon. It has already stood below the entry-level (130.85) there is a high probability to reach Target(110.85)
Entire analysis has done on the basis of quantitative analysis with considering other important data points and statics.
Please honour the SL(139.4) in case of upwards move.
Entire data analysis was done on EOD basis. So let a positive candle stand above the buy line and execute on the pullback.
Note: This information is for educational purpose
Ashok Layland will show downwards to sideways movementsAshok Layland has a weekly resistance zone from which it has started going downwards. It appears that it will come that some more until it hits the bottom of the channel. It may then start preparation of breaking out of the weekly channel. Till then it looks downwards to sideways.
ASHOKLEY: Ready or Not … Here I Come! A beautiful “COIL” in the make for ASHOKLEY on the daily chart. The stock is already in a well-defined UP trend for quite sometime and going by the nature of symmetrical triangles, ideally it should give us a breakout on the upside.
A simple projection of the height of the pattern should take us close to the target of 90. But before that the stock needs to deal with the green channel, resistance from which comes in at 80. On the downside levels to watch for aer at (69-70) and then 60.
90 or 60? Which one do you sense will come first?
Trade Well. Trade Wise.
